LABU: Added big position today besides 1700 sharesThis has 51 written all over it and don't fight this. M&A is at high in bio sector PLUS FDA calendar seems busy.
LABU trade ideas
LABU Long ideaIt sounds like the trade war between USA and China is about to get resolved. IF it does I expect a move higher for the markets. With LABU sitting on lower support, it should be a short term low risk BUY.
LABU Option Straddle Strategy In lieu of the FED announcement Wednesday, June 18, 2019, I foresee there being immense volatility in the market. Due to this volatility, I see an excellent opportunity to enter into a straddle at a $49 exercise price with expirations for June 21, 2019.
Practice makes perfectTriple top, rising wedge, Volume flowing into LABD its just a matter of time. I am thinking LABU will follow the blue arrows. LETS SEE HOW IT PLAYS OUT
LABU: This is ready to take off again.Near the support trend line. I expect tons of M&A this qtr. Who knows what can happen.
I love this ETF.
LABU: These are very short term bullish price targets.I think market is in some kinda rush to reach highs. Let's see if we hit these targets next week. Sooner is better.
LABU, the booConsistent uptrend here, doesn't look extended but it's gains and losses will be felt with this 3X bull, things look steady and in a very good uptrend style. 30% plus gain? 14% loss possible as well, balance yourself out plan this one out. uc.
LABU shortAt first glane it has its 1st stop at circa 79 and its 2nd stop at 69/70. Let's see how Mr. Market contains its self or it settles and decides to take anxiolytic. As it Is triangle bear in mind that at 2/3 it should pop out of the triangle. Everything passes away so ... lets stay positive and try to weather the storm.
